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And it has piqued the interest of external investors. In October, a special purpose vehicle called Digital World Acquisition Corp. announced that she had agreed to merge with Trump’s business, a move that would allow the newly formed Trump company to go public. After that, Digital World’s share price soared from $ 10 to $ 94 when retail investors bought the stock. On Saturday, Trump’s company said it had raised $ 1 billion in additional private investor money that the company would receive after its merger with Digital World.
https://www.washingtonpost.com/politics/2021/12/06/rep-devin-nunes-leave-congress-become-trump-media-company-ceo/
